{"id":118251,"date":"2015-02-05T08:10:45","date_gmt":"2015-02-05T06:10:45","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=118251"},"modified":"2015-02-05T08:12:17","modified_gmt":"2015-02-05T06:12:17","slug":"silk-road-founder-convicted","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/security\/118251-silk-road-founder-convicted.html","title":{"rendered":"Silk Road founder convicted"},"content":{"rendered":"<p>A man was swiftly convicted Wednesday of creating and operating an underground website that prosecutors said enabled drug dealers worldwide to reach customers they would never find on the street.<\/p>\n<p>Ross William Ulbricht was convicted of drug and conspiracy. The jury&#8217;s verdict in federal court in Manhattan came after little more than three hours of deliberations and one day after prosecutors urged jurors to follow Ulbricht&#8217;s &#8220;digital fingerprints&#8221; and discount defense claims that he was framed by others in a murky Internet world where nothing is what it seems.<\/p>\n<p>The government said drug dealing made up nearly all of Silk Road&#8217;s sales during its nearly three years in business, which ended with Ulbricht&#8217;s October 2013 arrest.<\/p>\n<p>Prosecutors said Ulbricht enabled more than 1 million drug deals on Silk Road and earned about $18 million in bitcoins by connecting dealers with customers they could never find on the street. Sales of illegal drugs of every type were delivered through the website, representing at least $180 million in sales, they said.<\/p>\n<p>The government said the fallacy of Ulbricht&#8217;s promise of anonymity in the dark corners of the Internet as a reason for customers to peddle their illegal merchandise online was exposed by numerous trial witnesses, including the first: Homeland Security Agent Jared Der-Yeghiayan.<\/p>\n<p>He testified that shipments originating on the website first came to his attention in June 2011 when X-rays and canine detection dogs at Chicago&#8217;s O&#8217;Hare Airport turned up envelopes from the Netherlands containing Ecstasy pills wrapped in vacuum seal and foil. Soon, the drugs were being sent through many countries.<\/p>\n<p>By late September, Der-Yeghiayan said he learned about Silk Road and began infiltrating it, taking over staff member accounts each time one was arrested or agreed to cooperate.<\/p>\n<h3 class=\"my-4\">More security news<\/h3>\n<p><strong><a href=\"http:\/\/mybroadband.co.za\/news\/security\/118143-obama-changes-spying-rules.html\">Obama changes spying rules<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/mybroadband.co.za\/news\/security\/118129-most-hackable-passwords-in-the-world.html\">Most hackable passwords in the world<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/mybroadband.co.za\/news\/security\/118017-gang-carries-out-microchip-airport-heist.html\">Gang carries out microchip airport heist<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A man was swiftly convicted Wednesday of creating and operating an underground website that prosecutors said enabled drug dealers worldwide to reach customers<\/p>\n","protected":false},"author":37,"featured_media":84795,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[36,28721,22978],"class_list":["post-118251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-security","tag-active","tag-ross-william-ulbricht","tag-silk-road"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/118251"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=118251"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/118251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/84795"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=118251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=118251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=118251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}